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Introduction to Foreign Trade


Published 1951


Cold War-era treatise on globalization.


Run time 10:11
Producer Coronet Instructional Films
Sponsor N/A
Audio/Visual Sd, B&W

Shotlist

Gives general picture of international commerce, shows the importance of foreign trade to our economy and emphasizes the necessity of recognizing the problems of all peoples in a world so closely tied together. Discusses monetary standards and controls.


Money commerce travel imports exports economics maps animation drawings diagrams international foreign trade.
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Reviews

Reviewer: Ron Raygun - - May 9, 2010
Subject: Only an Introduction
A very brief introduction of foreign trade when America was KING. How times have changed! Henry Kissinger and Nixon pushed hard to get into China, and the result is America going out of business in favor of world Socialism/Communism. In Singapore, if anyone is caught organizing a Union, he will have his head cut off in a guillotine! Total "free trade" will never exist because of sovereign protectionism. Look at Bubba Clinton's NAFTA; what did it produce? Perot called it a "Great Sucking Sound", and he was right. This film took a complex subject and only touched the bare edges, and was a disappointment.
Reviewer: donwert - - March 20, 2010
Subject: On The Way To Globalization
The basics of foreign trade, comparative advantage (although the term isn't used) and why
trade is good for everyone. This was probably an easier sell in 1951 when the U.S. accounted for 40% of the world's GDP and we weren't in hock up to our eyeballs to the Chinese and Japanese. Today, it would be hard to convince the folks in, say, Detroit or Pittsburgh that "free trade"
is a dandy idea. Of course, "free trade" only exists in the imaginations of the Wall Street Journal's editorialists and certain Chicago economics professors. In the real world, international trade is always subject to limitations which are, inevitably, political in nature. 'Twill ever be thus....
Reviewer: Spuzz - - September 2, 2003
Subject: Trade: Coronet style!
An actually interesting, though somewhat simplistic overview of how foreign trade works. I really liked the animation going here, very nice and smooth. The narration is fairly straightforward, and gives fairly broad problems with general answers.
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